Community Pool Spend - Retire 925,000 ZIG (Cycle 3, September 2026)
ZIGChain proposal #39: > **TL;DR**: This proposal permanently retires **925,000 $ZIG** from circulation, funded by ZIG Markets revenue from September 2026. *...
Yes
100%
No
0%
Abstain
0%
Veto
0%
AI Summary
gpt-5.4-mini - generated 9/21/2026, 6:56:41 PM
Community Pool Spend - Retire 925,000 ZIG (Cycle 3, September 2026)
Proposal 39 asks validators to approve a Community Pool spend that permanently retires 925,000 ZIG from circulation for the September 2026 tokenomics cycle. If passed, the transfer happens automatically from the Community Pool to the Retirement Wallet at the end of voting. A NO vote keeps the funds in the Community Pool for ecosystem use.
- Retires 925,000 ZIG from circulation for Cycle 3, September 2026.
- Funds move from the Community Pool to the Retirement Wallet.
- Execution is automatic if the proposal passes; no manual transfer is needed.
- Voting is by ZIGChain validators under the standard governance process.
- The proposal says retirement is determined by the destination wallet address.
Voter Impact
YES approves the retirement transfer; NO keeps the funds in the Community Pool for ecosystem allocation; NO WITH VETO signals strong objection; ABSTAIN does not support or oppose but counts toward quorum.
Risk Signals
- The proposal relies on the retirement wallet destination to define retirement, which may be easy to misunderstand.
- The exact future ecosystem use of the funds if rejected is not fully detailed beyond remaining in the Community Pool.
- This is a token supply reduction action, so voters may want to consider its impact on liquidity and ecosystem funding.
Original Proposal Text
> **TL;DR**: This proposal permanently retires **925,000 $ZIG** from circulation, funded by ZIG Markets revenue from September 2026. **YES** = retire. **NO** = funds stay in the Community Pool. ## **1) Summary** This proposal requests a Community Pool spend to retire **925,000 $ZIG** from the **Community Pool** to the **Retirement Wallet**, as part of the September 2026 $ZIG tokenomics cycle. Retired $ZIG is permanently removed from active ecosystem circulation. Full execution details below. --- ## **2) Background** The $ZIG tokenomics establishes a recurring monthly cycle: - $ZIG is market-acquired and settled into the onchain **Community Pool**. - A portion of the acquired $ZIG is designated for Retirement (permanent removal from active ecosystem circulation), subject to validator governance approval. The remainder is designated for the Ecosystem Pool. This proposal covers the Retirement portion for the September 2026 cycle. --- ## **3) Proposed Action** If this proposal passes, a ***MsgCommunityPoolSpend*** will transfer: **Amount:** **925,000 $ZIG** (**925000000000** uzig) **From:** **Community Pool** (***zig1jv65s3grqf6v6jl3dp4t6c9t9rk99cd8x4pwth***) **To:** **Retirement Wallet** (***zig14har2kjzze5adwprvwjtruf2lzvfta53wflpml***) Execution is automatic upon passing, at the end of the voting period (block level). No individual signs or triggers the transfer manually. --- ## **4) Rationale** - Retirement permanently removes the specified $ZIG from active ecosystem circulation, supporting the value-accrual mechanism described in the $ZIG tokenomics. - Routing the action through the **Community Pool** and onchain governance keeps it transparent, validator-approved, and independently verifiable — no privileged manual transfer. --- ## **5) Transparency & Verification** - **Classification by destination:** Retirement is determined by destination address, not by label. Any Community Pool spend to the **Retirement Wallet** counts as a Retirement regardless of how the proposal is titled. - After execution, anyone can independently verify that the **Retirement Wallet** balance increased by **925,000 $ZIG** and view the onchain transfer. --- ## **6) Voting** Eligible voters: ZIGChain validators (stake-weighted). This proposal follows the standard governance path — deposit period, discussion, and a 96-hour voting window — with no expedited process used. **YES** — Approve the Retirement of **925,000 $ZIG** from the **Community Pool** for the September 2026 cycle. **NO** — Reject. The funds remain in the **Community Pool** (designated to the Ecosystem Pool). **NO WITH VETO** — Strong objection to the proposal. **ABSTAIN** — No explicit position; contributes to quorum. --- ## **7) References** [$ZIG Tokenomics paper](https://whitepaper.zigchain.com/zig-tokenomics.pdf) **Community Pool Wallet:** ***zig1jv65s3grqf6v6jl3dp4t6c9t9rk99cd8x4pwth*** **Retirement Wallet:** ***zig14har2kjzze5adwprvwjtruf2lzvfta53wflpml***